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World News

Is Iran pushing for a new normal in the Hormuz Strait?
  • World News

Is Iran pushing for a new normal in the Hormuz Strait?

devhealthylife1@gmail.com1 month ago08 mins

Oil tankers and gas tankers were affected by the closure of the Strait of Hormuz, leading to a global energy crisis stemming from the war in the Middle East. Photos For You | Moment | Getty Images Hello, this is Dylan Butts writing to you from Singapore. Welcome to another edition of CNBC’s Daily Open….

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China producer prices turns positive as inflation gets boost from Iran oil shock
  • World News

China producer prices turns positive as inflation gets boost from Iran oil shock

devhealthylife1@gmail.com1 month ago05 mins

HUAIAN, CHINA – MARCH 09: Vehicles queue at a petrol station on March 9, 2026 in Huaian, Jiangsu Province of China. Zhao Qirui | Visual China Group | Getty Images China’s factory-gate prices rose for the first time in more than three years while consumer inflation moderated in March, amid a surge in oil prices…

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WTI, Brent, Saudi pipeline attack, Middle East war
  • World News

WTI, Brent, Saudi pipeline attack, Middle East war

devhealthylife1@gmail.com1 month ago05 mins

A maze of crude oil pipes and valves is pictured during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport, Texas. Richard Carson | Reuters Oil prices edged higher Friday as tensions around the Strait of Hormuz deepened, with the vital shipping lane still largely closed despite a ceasefire deal…

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Asia-Pacific markets set to open mixed as renewed tensions test a fragile Iran-U.S. ceasefire
  • World News

Asia-Pacific markets set to open mixed as renewed tensions test a fragile Iran-U.S. ceasefire

devhealthylife1@gmail.com1 month ago01 mins

The West Texas Intermediate was up 0.62% at $98.48 per barrel as of 7:50 p.m. ET. Brent crude ended the session at $95.92 per barrel. <

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OpenAI slams Anthropic in memo to shareholders as rival gains momentum
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OpenAI slams Anthropic in memo to shareholders as rival gains momentum

devhealthylife1@gmail.com1 month ago04 mins

Open AI CEO Sam Altman speaks during a talk session with SoftBank Group CEO Masayoshi Son at an event titled “Transforming Business through AI” in Tokyo, on Feb. 3, 2025. Tomohiro Ohsumi | Getty Images With Anthropic gaining momentum in the booming AI market, OpenAI sent a memo to investors this week slamming its chief…

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‘Fed up’ with Trump and Putin affecting UK energy costs
  • World News

‘Fed up’ with Trump and Putin affecting UK energy costs

devhealthylife1@gmail.com1 month ago03 mins

British Prime Minister Keir Starmer delivers remarks at the top of the Cabinet meeting to mark the fourth anniversary of Russia’s full-scale invasion of Ukraine at Downing Street on February 24, 2026 in London, England. Wpa Pool | Getty Images News | Getty Images British Prime Minister Keir Starmer said he is “fed up” seeing…

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Strait of Hormuz not open, restricting access: UAE oil CEO
  • World News

Strait of Hormuz not open, restricting access: UAE oil CEO

devhealthylife1@gmail.com1 month ago04 mins

The Strait of Hormuz has not opened to ship traffic after the U.S. and Iran agreed to a two-week ceasefire, said the CEO of Abu Dhabi National Oil Co., or ADNOC, on Thursday. “This moment requires clarity,” said Sultan Ahmed Al Jaber in a social media post. “So let’s be clear: the Strait of Hormuz…

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Citi backs European bank stocks after ‘overblown’ sell off
  • World News

Citi backs European bank stocks after ‘overblown’ sell off

devhealthylife1@gmail.com1 month ago03 mins

European bank stocks enjoyed a stellar 2025, notching their best year since 1997, with the valuations of some lenders more than doubling. But the sector sold off heavily during the U.S-Iran conflict in March, calling an abrupt halt to three years of almost-linear positive returns. The Stoxx 600 Banks index is down 1% year-to-date, after…

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European Bond yields whipsaw amid interest rate uncertainty
  • World News

European Bond yields whipsaw amid interest rate uncertainty

devhealthylife1@gmail.com2 months ago08 mins

European government bonds reversed course on Thursday, moving higher after plunging during the previous session, as a fragile Middle East ceasefire keeps markets on edge. Bond traders are grappling with unusually high levels of volatility, which is clouding the outlook for interest rate policies at the Bank of England and European Central Bank. Yields on…

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Core inflation was 3% in February, as expected, key Fed gauge shows
  • World News

Core inflation was 3% in February, as expected, key Fed gauge shows

devhealthylife1@gmail.com2 months ago02 mins

A customer shops for beef at a grocery store on April 6, 2026 in Los Angeles, California. Justin Sullivan | Getty Images Core inflation eased slightly in February before the recent surge in energy prices, according to a key gauge released Thursday that offers the Federal Reserve a snapshot of conditions leading into the Iran…

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